Follow by Email

Posts

The Nevada Modified Business Tax Form is a great additionto the latest QuickBooks Payroll Tax Update!

This is Really Great News!

QuickBooks most recent payroll tax update for Enhanced Payroll Service has added a new form that calculates Nevada Modified Business Tax!

It is not a form that can be mailed or electronically submitted, however it will calculate the Modified Business Tax liability before qualified medical deductions, prior credits or past due amounts.

Thanks Intuit! This is a wonderful tool! Payroll just gets better all the time!

If you are not using QuickBooks Enhanced Payroll, maybe it is time to consider upgrading your payroll product now. Intuit is working hard to improve their products - they've hit a home run with this one!

The most recent QuickBooks payroll update (20814) was released last week. If you are not using automatic updates, be sure you go to the Intuit website and download these updates right away. Here's what is included in the most recent update:

1 - Tax Table Updates

Do this before you process your next payroll - New Mexico & Wisconsin must update

2 - Forms Updates

You'll need these next month when you process Quarterly Payroll Reports

Do you know the difference between a QuickBooks Back up (.qbb), QuickBooks Portable file (.qbm),Accountant's Copy (.qbx) and a QuickBooks Company file (.qbw)?

As a consultant & a bookkeeper, I am often asked what's the difference between these types of files.

Many times a client will bring me their work along with what they think is a backup when, in fact, they have just copied the entire QuickBooks company file.

Of course, I can't restore from that type of file, however I can drag & drop it into the proper directory on my computer in order to process their work.

However, if they had just brought a backup or portable file, then I could have restored and worked just as easily and they would not risk their company file by copying it....I am always afraid that I might accidentally delete it, so I stay away from that option!